Vedanta Resources plc (VDNRF) Upgraded to “Strong-Buy” at Zacks Investment Research

Vedanta Resources plc (NASDAQ:VDNRF) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research note issued on Thursday, September 7th. The firm presently has a $12.00 price objective on the stock. Zacks Investment Research‘s price objective points to a potential upside of 8.89% from the stock’s previous close.

According to Zacks, “Vedanta Resources plc is engaged in exploring, extracting and processing minerals, and oil and gas. It produces zinc, lead, silver, copper, aluminum, iron ore, oil and gas and commercial power. The company operates primarily in India, Zambia, Namibia, South Africa, Liberia, Ireland, Australia and the United Arab Emirates. Vedanta Resources plc is headquartered in London, the United Kingdom. “

Shares of Vedanta Resources plc (NASDAQ:VDNRF) opened at 11.02 on Thursday. The stock’s market cap is $3.06 billion. The stock’s 50 day moving average price is $10.34 and its 200 day moving average price is $9.28. Vedanta Resources plc has a 52 week low of $6.45 and a 52 week high of $13.58.

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Vedanta Resources plc Company Profile

Vedanta Resources plc is a natural resources company, which is engaged in exploring, extracting and processing minerals, and oil and gas. The Company produces zinc, lead, silver, copper, aluminum, iron ore, oil and gas, and commercial power. Its operations are located in India, Zambia, Namibia, South Africa, Liberia, Ireland, Australia and the United Arab Emirates.

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